Nov 22, 2008

malaysianinsider | The government cannot reduce the retail price of petrol and diesel continuously when global crude oil prices decline as they are volatile and can increase again within a short period.

The current low price of oil "is not sustainable, it's going to go up (and) when the price goes up, there will be a need to do a review," said Najib, who is in the Peruvian capital to attend the Asia-Pacific Economic Cooperation (Apec) summit beginning today.

He was responding to questions on the impact of the low global crude oil prices on fuel prices in Malaysia, on Petronas and on the economy at a press conference with the Malaysian media at the Miraflores hotel here.

Najib spoke to media after performing Friday prayers at the Peruvian Islamic Centre. He also gave a contribution of US$5,000 (RM18,000) to the centre.... more.

Malaysian are also cant continously let BN lead the country ..... Pinky, pinky ... pinkyyyyy!!!.....wakakak.